🤑 Belterra Golf Club in Florence, IN | Presented by BestOutings

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More Close. Subscribers can log in for unlimited digital access. During the golf classic, Belterra employees violated internal control procedures at the direction or in the presence of Hubbard, such as issuing chips to participants before state-mandated paperwork was filled out. The company's new chairman and chief executive, Daniel Lee, said he was glad the casino would not have to close, but agreed to the penalties to move forward. Nongaming activities can continue, such as operation of the hotel, golf course and food and beverage activities. Local Sports Subscribe. The commission, which also ruled Monday that R. Sign up! From the way the commission talked, it appeared as if Pinnacle Entertainment Inc. Thanks for being a subscriber. He affirmed his level of trust and confidence bottomed out in recent months. That bond and any interest that would accrue would be forfeited to the state if the tower is not finished in two years. Debra Gruszecki can be reached at dgruszecki howpubs. The golf outing, which commission members said followed months of wrangling with Belterra executives over their record-keeping practices, ultimately led to the multimillion dollar sanction against the casino and R. And affiliates of Pinnacle and Belterra also are required under the stipulation to cooperate with any ongoing investigation by the commission staff with respect to the golf classic and related events. Employees are to be paid, as well, if affected by the suspension. Breaking News Subscribe.

The sanctions are considered the toughest since die first rolled across felt-covered tables in Indiana. Log In Become a Member.

Share this. The sanctions against Belterra golf events state that the casino is to be closed from 6 p.

Get up-to-the-minute news sent straight to your device. Belterra officials said afterward they felt fortunate to have arrived at this settlement. Please call to upgrade your subscription.

Hubbard resigned as Pinnacle chairman of the board April 10 and retired as director of Pinnacle on April Paul Alanis resigned as president and chief executive officer and director of Pinnacle on April The two board positions have not been refilled.

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Jack Thar, executive director of the Gaming Commission, said the only way Belterra can go is up. Hubbard, former chairman of the Pinnacle board of directors and a substantial owner of Pinnacle. Crime Subscribe. Belterra will pay the estimated wagering tax, admission tax and economic development agreement costs for those days. Be the first to know Get local news delivered to your inbox! Commission member Dale Gettlefinger indicated concern that there had been no changes to the board's makeup since the golfing event. Related to this story. Log in or Activate your account. You can support our newsroom by joining at our lowest rate! News Alerts Subscribe. It's hard to run an Indiana casino from California. Dashboard Logout. Notifications Settings. Uboldi came to Belterra in November. The commission's stipulated finding of fact stated Hubbard hosted the golf outing in June at which "hookers" were flown in to entertain golf tournament guests. Already a subscriber? Thar said that the level of experience he's detected from the new management has raised his confidence. Sorry, your subscription does not include this content. You have run out of free articles. The aircraft was leased by Pinnacle and arranged by an associate of Hubbard. Latest News Subscribe. Finally, Pinnacle is to use its best effort to ensure no corporate directors, officers or property managers have any ongoing business relationships with Hubbard or Alanis.